Citing MetaEra, Michael Saylor stated on December 3 at Blockchain Week in Dubai that MicroStrategy holds $6 billion in Bitcoin reserves against $800 million in debt, maintaining low leverage. He noted that a 1.36% annual increase in Bitcoin's value would allow the company to sustain dividends indefinitely. Saylor also revealed a $1.44 billion cash reserve, sufficient to cover 21 months of dividend payments, saying the company could 'breathe' for 21 months even if capital markets closed.
Michael Saylor: Bitcoin Needs 1.36% Annual Growth for MSTR to Sustain Dividends
KuCoinFlashShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.